1. Value-added tax
Who is more beneficial to the boss? The difference between purchase and sale is something that needs to be considered in tax planning. On the other hand, if the purchase cost of goods is lower and the discount is greater, the advantages of giving away shopping vouchers will be more obvious.
distribution and processing can be selected, and the tax burden should be calculated clearly: as a general taxpayer, it is more cost-effective to purchase raw materials from another general taxpayer, and when the gross profit of distribution is less than the processing fee, it is more cost-effective to adopt the method of processing with supplied materials.
where the goods are purchased, the price calculation is not relaxed: for ordinary taxpayers, the tax rate of output tax is 17%, 13% and 6%, but the input deduction rate they get may be 6%, 4% and 3%. Under the condition of a certain output tax, the higher the deduction rate of the goods that can be deducted from the input tax, the smaller the procurement cost of the enterprise, and the less the value-added tax that should be paid in the end.
ii. business tax
business tax is a turnover tax levied on units and individuals who provide taxable services, transfer intangible assets or sell real estate in China. Its biggest feature is that its turnover is collected in full in the circulation link. Therefore, the more links in the circulation of business objects, the more times the business tax is levied, and the greater the tax burden of taxpayers. According to the characteristics of business tax, reduce the circulation times of business objects as much as possible.
III. Personal income tax
(I) Taxing by installments
Personal income tax in China is levied by installments. For the labor remuneration with one-time income, the income is obtained once. Grasp this feature and learn to divide the personal income appropriately. The one-time payment fee can be declared and taxed by installments by changing the payment method.
(2) Using welfare
Taxation is only for monetary income, and it is not levied on those non-monetary income.
(III) Using Insurance
The housing accumulation fund and social insurance premium drawn by enterprises and individuals in accordance with the proportion stipulated by the state or local government and paid to designated financial institutions are not counted as personal current wages and salary income, and are exempt from paying personal income tax. The excess is included in the individual's current salary, and income tax is levied.
iv. enterprise income tax
(I) it is a common practice to share the management fee of the head office with the subordinate branches and enterprises, regardless of the corporate qualifications and comprehensive management functions of the group company. However, at present, the policy has changed. The new policy stipulates that the parent company will withdraw the expenses from the subsidiary company in the form of management fees, and the management fees paid by the subsidiary company to the parent company shall not be deducted before tax. Relevant enterprises should adjust the operation mode of relevant business in time, otherwise tax-related risks will occur. In the new policy environment, it is changed to paid services to calculate income, excluding management fees, so that subsidiaries can be deducted before tax. As long as the break-even point is well grasped, the total corporate income tax of their service fees can be zero.
(II) It is not expensive to make a reasonable plan for the entertainment expenses incurred by an enterprise
Article 43 of the Regulations for the Implementation of the Enterprise Income Tax Law further clarifies that the entertainment expenses incurred by an enterprise related to production and operation shall be deducted according to 6% of the amount incurred, but the maximum amount shall not exceed 5‰ of the operating income of the current year. The tax law stipulates that it can be deducted before income tax within a certain proportion, and the part exceeding the standard shall not be deducted. Assuming that the current operating income of the enterprise is m and the current business entertainment expenses are n, according to the regulations, the amount of business entertainment expenses allowed to be deducted before tax in the current period is 6%×N, and it must be no more than 5 ‰× m. From this, it can be inferred that at the point of 6%×N=5‰×M, the requirements of the enterprise can be met at the same time, from which it can be concluded that 8.3 ‰× m = n. In other words, if the business entertainment expenses charged in the current period are equal to the critical point of 8.3‰ of operating income, enterprises can make full use of the above policies.
(3) How to donate knowledge and plan appropriate income
Some enterprises find that their taxable income is very large and have to pay a large amount of enterprise income tax. At the same time, enterprises hope to support social welfare undertakings and establish a good image of enterprises by donation. Therefore, these enterprises usually donate money and materials to public welfare undertakings, which legally reduces the corporate income tax burden and expands the corporate social impact. From the form of donation, the form of foundation is the best, followed by cash donation, the third is to provide services, and the last is to donate in kind. In cash donation, it is best to donate in the name of individuals, followed by donations from foundations, and finally directly donated to enterprises. In fact, to achieve the above goals, donation is not the only effective way. If donation is turned into investment, both partners can reduce tax burden and achieve better results.
in the process of enterprise operation, effective and reasonable tax avoidance plays a vital role in the economic benefits of enterprises. Therefore, enterprises should have a full understanding of the current relevant tax laws and regulations in China, so as to effectively and reasonably avoid taxes and ensure the economic benefits of enterprises.